Loading ...So far, we’ve added $1.5 Trillion in the first 11 months. I don’t really see how they’ll be able to hold the bond market together without QE. Who will want to hold our junk?
I think I saw an article from the IMF talking about how dangerously out of control our fiscal house is for a country with a reserve currency. This won’t end well.
I’ll say this, besides pm’s, the SM loves a falling dollar as well. The USD has come back to positive and the DOW has reversed. 10 yr. now up 13 bips. These are big daily/weekly moves.
Stunned how well the shares are holding up today. Pretty impressive.